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Oct 6, 2012
10/12
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and which we're then going to pass on. >> those low interest rates are possible thanks to the german government's international climate initiative. it helps finance environmental projects all over the world. thanks to that support, elvan gÜven's company was able to invest 10 million dollars in the new deresi dam. it's very modest -- the reservoir looks more like a swimming pool. >> this is the exit of the water channel, which is 1.7 kilometers. we carry the water with its own the water at the headpond and- fill our pen stock with water,p6 meters below. >> so there is no big lake needed? >> there is no big lake needed for this project, we didn't have to cut any trees, nobody has to be moved from their houses. it's a very compact project. >> the water from the pipes powers a generator that produces enough electricity to supply a small town. thirteen people have found work in the new hydroelectric plant. but what do residents think of it? a nearby village is the home of souvenir seller kemal yavuz. he's grown up in the shadow of hydroelectric plants and he's all too familiar with their downsides. e
and which we're then going to pass on. >> those low interest rates are possible thanks to the german government's international climate initiative. it helps finance environmental projects all over the world. thanks to that support, elvan gÜven's company was able to invest 10 million dollars in the new deresi dam. it's very modest -- the reservoir looks more like a swimming pool. >> this is the exit of the water channel, which is 1.7 kilometers. we carry the water with its own the...
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Oct 2, 2012
10/12
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. >> george is entering uncharted waters, perhaps the first democratic change of government since the collapse of the soviet union more than 20 years it. >> president mikheil saakashvili will stay in office, but his party has lost parliamentary elections to the opposition party, the georgian dream. now you'll have to get along with a new prime minister who ran a bitter campaign against him. >> batman is a once elusive millionaire who only wanted to politics last year. we will find out more about hamper our correspondent in moscow in just a moment. first, this report. >> it georgians will cut to the prospect of a new parliament. it's the first time since independence that an election rather than a revolution has led to the transfer of power. >> i expect improvements and laws so that children will be happy. i don't know how he will behave and what he will do for the people, but i see the people are hopeful. >> we expect things to get better. expect new things. the whole population is in a good mood. people meet each other and kiss each other. >> he swept to power in 2004 but faces accus
. >> george is entering uncharted waters, perhaps the first democratic change of government since the collapse of the soviet union more than 20 years it. >> president mikheil saakashvili will stay in office, but his party has lost parliamentary elections to the opposition party, the georgian dream. now you'll have to get along with a new prime minister who ran a bitter campaign against him. >> batman is a once elusive millionaire who only wanted to politics last year. we will...
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Sep 28, 2012
09/12
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-- france's socialist government. it includes tax hikes for the rich and businesses in france. it is aimed at showing francois hollande and his team have the physical rigor to maintain france's reputation as a pillar in the eurozone. >> they came to narrow the deficit next year to 3% of national output -- date came to narrow the deficit next year. >> among the measures -- a temporary 75% income tax on earnings over 1 million euros. business also faces cuts in tax breaks. the prime minister presented the 2013 budget. >> this is a budget for social justice. and it is a budget for growth. it prepares us for the future. it is a courageous and responsible budget. >> the package includes public spending cuts of 10 billion euros. france's economy is in a precarious position. second quarter gdp was stagnant, and unemployment has just talked 3 million -- topped 3 million. the government is aiming to make good on election promises while making sure austerity does not hit france into recession -- tip france into recession. >> sp
-- france's socialist government. it includes tax hikes for the rich and businesses in france. it is aimed at showing francois hollande and his team have the physical rigor to maintain france's reputation as a pillar in the eurozone. >> they came to narrow the deficit next year to 3% of national output -- date came to narrow the deficit next year. >> among the measures -- a temporary 75% income tax on earnings over 1 million euros. business also faces cuts in tax breaks. the prime...
WHUT (Howard University Television)
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Oct 2, 2012
10/12
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WHUT
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government officials are trying to ref of egypt's tourism. and they're holding a motor rally to lure back tourists following political unrest last year. >> the rally started at the foot of the pyramids near cairo. 36 vehicles from 16 european and asian countries will race through the sahara desert. they'll travel over sand dunes and rocky terrain and attempt to complete the 3,000 kilometer course in five days finishing back in giza. several team from japan are taking part in the race. >> translator: the course is great. and we can start at the foot of the pyramid. and drive at high speeds through the desert. there is nothing like this in japan. >>> government officials aim to show that egypt is safe enough to hold the larger scale event. egyptians haven't seen many foreign visitors since protesters pushed mubarak from power last year. that's all for now on "newsline." i am yuko aotani in tokyo. thank you very much for joining us.
government officials are trying to ref of egypt's tourism. and they're holding a motor rally to lure back tourists following political unrest last year. >> the rally started at the foot of the pyramids near cairo. 36 vehicles from 16 european and asian countries will race through the sahara desert. they'll travel over sand dunes and rocky terrain and attempt to complete the 3,000 kilometer course in five days finishing back in giza. several team from japan are taking part in the race....
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Sep 28, 2012
09/12
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KCSM
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the palestinian government should do something for us. palestinians are weary and have no real opportunities. and the territories depend on international aid. their own economy is stifled by israeli sanctions, and there is little chance of growth. the lack of political progress frustrates palestinians. hopes were dashed last september when the united nations refused to give them full statehood. >> we are trying to bring hope that, trying to tell our people that the dream to have a palestinian state is still possible, and that is why we are going to the united nations. hopefully, once our people see that there is a result, hope will come out. >> positive results are something the palestinian citizens have given up expecting. >> they always go and talk. but whether they talk or do not talk, we do not see any change here. >> i do not know. >> our economy is dead because we are strangled by the israelis. they do whatever they want. if we could gain statehood, the situation would be different. >> the palestinians want the united nations to und
the palestinian government should do something for us. palestinians are weary and have no real opportunities. and the territories depend on international aid. their own economy is stifled by israeli sanctions, and there is little chance of growth. the lack of political progress frustrates palestinians. hopes were dashed last september when the united nations refused to give them full statehood. >> we are trying to bring hope that, trying to tell our people that the dream to have a...
WHUT (Howard University Television)
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Sep 28, 2012
09/12
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. >> the last stronghold in somalia is stormed by government troops. kenyan and somalia soldiers launch an attack on kismayo. >> looks like the beginning of the end for the control of urban somalia. >> also in the program, the disgraced chinese politician bo xilai is exceled from the communist party and will face prosecution. with growth at a standstill, political reputations are on the line. the french government sets out its plans for its toughest budget in 30 years. midday here in london, 7:00 in new york, and 2:00 in the afternoon in the somalia city of kismayo. that's where kenyan and somalia government troops have launched an assault. kenyan soldiers and somalia government troops advanced on kismayo from the north, south and from the sea. an army spokesperson said that government forces are expected to take the city within hours. militant fighters are reported to have been seen north of the city. reports now from nairobi. >> the kenya military say they launched in the early hours of friday morning, fighting alongside smally government soldiers, t
. >> the last stronghold in somalia is stormed by government troops. kenyan and somalia soldiers launch an attack on kismayo. >> looks like the beginning of the end for the control of urban somalia. >> also in the program, the disgraced chinese politician bo xilai is exceled from the communist party and will face prosecution. with growth at a standstill, political reputations are on the line. the french government sets out its plans for its toughest budget in 30 years. midday...
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Sep 29, 2012
09/12
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WMPT
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it is corroding the connection between governments and people. a lot of the money and workers say it does not work. forget for all the talk we hear about education, $1.3 billion helps to clean up turkey and improve things and iceland. this is where the money is going. they do not know what to do with the money. a lot of consultants are getting rich on the back of this. >> no development aid goes to iceland. that money is about exception to the european union. that is the kind of misunderstanding. it does not come out of the aid budget. but a fight in -- >> 500 million last year paid consultants. many of them grow straight into the pockets of the people who run them. >> absolutely right. she looks at exactly where the money goes. it does worry us. absolutely. these are big challenges. we need experts, we need people who have dealt with these problems before to bring to bear. some of them will be consultants. is there money being spent that could be spent in other ways? >> is an inconvenient it is going to do more harm than good? there must be bett
it is corroding the connection between governments and people. a lot of the money and workers say it does not work. forget for all the talk we hear about education, $1.3 billion helps to clean up turkey and improve things and iceland. this is where the money is going. they do not know what to do with the money. a lot of consultants are getting rich on the back of this. >> no development aid goes to iceland. that money is about exception to the european union. that is the kind of...
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Oct 1, 2012
10/12
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the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful lot of money sitting on the seed lines us a was noted back in an article back in july/august. almost 44% of the total value is held at cash in company coffers. this money needs to get spent. needs to get spent expenditures, hiring new staff. sitting in the bank is not helping anybody. >> who is spending shall steel makers, equipment makers more gloom about business conditions, sentiment deteriorating sharply. they expect domestic demand to falter, as well. in that mood, they won't be spending anymore money, are they? >> well, again, as the survey had indicated, some of the larger manufacturers are amongst the m
the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful...
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Sep 28, 2012
09/12
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the government was less worried. of course, with the announcement of the like ly fate and a date for the party congress, a risk premium is taken off, or at least reduced from the market. >> dr. wong, so many people have such widest mates on china. you hear some people say real gdp growth is 4%. some say 8%. you guys are right under 8% for next year. what could happen in china that would derail things? i agree with you it's a soft landing. that it's landed and turning around. what's on the ground that could actually turn that thesis upside down? >> i think right now, of course, corporate earnings have dropped a lot. i think at the moment what is really positive is property sales have rebounded. so what could derail that, for whatever reason, the government decided to tighten the property sector further or people lose confidence on this sector, that property sales and construction nose dive from where we are now. then it would be very hard to have a soft landing in china. >> guys, more questions for the doctor? >> i wo
the government was less worried. of course, with the announcement of the like ly fate and a date for the party congress, a risk premium is taken off, or at least reduced from the market. >> dr. wong, so many people have such widest mates on china. you hear some people say real gdp growth is 4%. some say 8%. you guys are right under 8% for next year. what could happen in china that would derail things? i agree with you it's a soft landing. that it's landed and turning around. what's on the...
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Oct 4, 2012
10/12
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the state oil giant accounts for a huge a government revenue. isn't it time to wean the government off too much dependence on foreign revenues? >> yes that's going to be our medium term strategy because over the dependence on oil as a finite resource is not good. we have to educate our people, as well, because petrol and ltg are very high will you sly subs this country. people scream when you try to raise the price of petrol, but people have to be realistic. in the long term, we cannot be over dependent on subsidies. and we have to diversify the economy. especially in terms of government revenue. and this is what we're going to do. we are creating more and more growth industries that will give us a strong financial base later on. >> the future of made laid i can't, the plan to transform it, let me ask you in order to chief that target, that goal, how important are these upcoming elections for you and how important is it that you receive a freshman date? >> i'd like to have a strong mandate because to achieve our vision of a fully developed natio
the state oil giant accounts for a huge a government revenue. isn't it time to wean the government off too much dependence on foreign revenues? >> yes that's going to be our medium term strategy because over the dependence on oil as a finite resource is not good. we have to educate our people, as well, because petrol and ltg are very high will you sly subs this country. people scream when you try to raise the price of petrol, but people have to be realistic. in the long term, we cannot be...
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Sep 28, 2012
09/12
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he's also seek government enter session. mervyn king says he welcomes the proposals and wants prompt implementation. simon, welcome. these libor reforms, do they go far enough? >> there are a number of suggests which deal with the fact that there is a market benchmark and therefore there is a limit to how wide they will be involved in the process. so people might look at this and say we wanted to see the criminal sanctions, that was not the scope of this review. if there is one area where i'd be disappointed with the conclusions, it's that it hasn't been more aggression. if you're benefiting from libor as a rate, should you be contributing to it. although wheatley has asked for the fsa to have the power in the future to enforce consume poll more aggressive. >> it was the rate at which banks wouldn't rate to each other. is it going to retain after the scandal, as relevant as it was before? >> there is the traditional role of lie brother bor as the lendi. it's possible that it will be replaced by secured. but it's also incredi
he's also seek government enter session. mervyn king says he welcomes the proposals and wants prompt implementation. simon, welcome. these libor reforms, do they go far enough? >> there are a number of suggests which deal with the fact that there is a market benchmark and therefore there is a limit to how wide they will be involved in the process. so people might look at this and say we wanted to see the criminal sanctions, that was not the scope of this review. if there is one area where...
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Oct 3, 2012
10/12
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because the government changes took the shine off the sector. we know it's a very expensive industry that requires a lot of capital at the early phase. do you think the investment banks are willing to run the ticket on this because of the dynamics that play out in the sector? >> there is a bit of concern there with funding. but at the end of day, across europe, we're committed to reducing our carbon generating capacity, and the only way we can do that is through the construction of low carbon generating power stations and nuclear is one of those solutions. >> thank you very much for joining us today, scott parker on set with us today. >>> a move to raise cash and reduce a debt pile, the spanish telecomgiant says it has not decided what percent of capital it will float, but it does plan a controlling stake in the company. telecom has confirmed it's in discussions to combine with smaller rival metro pcs. deutsche telecom could come a step closer to exiting the market. they moved to call speculation saying significant issues were still outstanding
because the government changes took the shine off the sector. we know it's a very expensive industry that requires a lot of capital at the early phase. do you think the investment banks are willing to run the ticket on this because of the dynamics that play out in the sector? >> there is a bit of concern there with funding. but at the end of day, across europe, we're committed to reducing our carbon generating capacity, and the only way we can do that is through the construction of low...
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Sep 28, 2012
09/12
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FBC
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spain's 10-year government bond creeping above 6% just one day after the government unveiled the 2013 budget, a spending plan called for increased spending cuts but not taxes. it could set the scene for spain to formally ask for a full-blown bailout. conditions coming under fire from italian prime minister who says conditions not be imposed and the imf shouldn't have an oversight role. conditions of making countries like italy and spain very reluctant to ask for help. the french president touting his 2013 spending plans today calling it a fighting budget helping growth, and includes 75% tax on those earning over a million euro, 45% tax on people earning 150,000 euro. critics are saying this sends a message france does not like the rich, is not open for business. it should be pointed out it is purely symbolic 75% tax rate because anybody with that kind of money affected already has their money out of the country. connell: some breaking news, coming out of the deutsche bank offices in germany evacuated because of a suspicious package found in the country, deutsche bank office evacuated.
spain's 10-year government bond creeping above 6% just one day after the government unveiled the 2013 budget, a spending plan called for increased spending cuts but not taxes. it could set the scene for spain to formally ask for a full-blown bailout. conditions coming under fire from italian prime minister who says conditions not be imposed and the imf shouldn't have an oversight role. conditions of making countries like italy and spain very reluctant to ask for help. the french president...
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they make massive cuts to government employees. massive cuts to government expenditures. they cut the debt and they cut the currency. tracy: right. >> in europe, the imf has not been driving it. they have been pushed to the side by european politicians. and this thing has been festering for the past 3 1/2 years. i think over time they're going to realize that they have to address it fairly quickly or else the country will slip further. tracy: right. and they are doing that already. sean, thank you for being with us, sir. >> thank you. ashley: europe getting a bounce from the spanish bank tests from last friday because they came after the european close. they did well today but there are a lot more problems in spain, that's for sure. about 30 past the hour. let's get a check on the markets as we do every 15 minutes. nicole petallides on the stock exchange. >> i'm here with john from meridian equity partners. we're talking about the market. we're up 108 points. you've talked about momentum what we've seen with the market really gaining. what do you see going forward? what d
they make massive cuts to government employees. massive cuts to government expenditures. they cut the debt and they cut the currency. tracy: right. >> in europe, the imf has not been driving it. they have been pushed to the side by european politicians. and this thing has been festering for the past 3 1/2 years. i think over time they're going to realize that they have to address it fairly quickly or else the country will slip further. tracy: right. and they are doing that already. sean,...
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Sep 28, 2012
09/12
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FOXNEWS
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we'll tell you how that is working out today. >> $14 trillion owed to the government by the government. how does that workout. why the irs might have to give up ever collecting the money from itself. bill: your taxpayer dollars could be funding a possible sequel to solyndra. solo power is now drawing comparisons to the company that filed bankruptcy last year. they are getting $170 million in loan guarantees. they are said to make flexible solar panels. they also get $219 million in private funding. dan springer is looking at all of this checking into the solar panel company in portland, oregon. is this another solyndra from the making? >> well, time will tell, bill, certainly. yesterday at the grand opening there was a lot of optimism as you would expect. solo power has hired 60 people to work their first production line. the hope is to have 450 people and four lines in a couple of years. they have sales more than they can fill right now. the public has so much money invested. by the end of the year solo power will start spending that $197 million federal loan. state and local governme
we'll tell you how that is working out today. >> $14 trillion owed to the government by the government. how does that workout. why the irs might have to give up ever collecting the money from itself. bill: your taxpayer dollars could be funding a possible sequel to solyndra. solo power is now drawing comparisons to the company that filed bankruptcy last year. they are getting $170 million in loan guarantees. they are said to make flexible solar panels. they also get $219 million in...
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Sep 28, 2012
09/12
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government per diems aren't helping. business travel needs to lift hotel occupancy through the election and actually in response to it. that will also be critical for next year's corporate rates for the likes of marriott and intercontinental about to thrash out for the hotels that they service. incidentally those two stocks are up 30% and 40% so analysts say be careful. the reits that hold the hotels will likely trade more properties. we'll follow on offerings for investors. and the hope trade is under way so accelerating yields or could be share holder pain. casual dining this year's drought is about to become next year's commodity head wind. in the burger wars value appetizing will increasingly be pitched against expensive remodeling possibly hurting everybody they say in the industry. that's a q 4 t and l check. i'm simon hobbs. >> amazon is planning an online market place for wine sales, the second attempt at selling wine to consumers after problems with a partner prompted it to end the first attempt three years ago.
government per diems aren't helping. business travel needs to lift hotel occupancy through the election and actually in response to it. that will also be critical for next year's corporate rates for the likes of marriott and intercontinental about to thrash out for the hotels that they service. incidentally those two stocks are up 30% and 40% so analysts say be careful. the reits that hold the hotels will likely trade more properties. we'll follow on offerings for investors. and the hope trade...
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Oct 2, 2012
10/12
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that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to work plus why he's putting pressure on p&g to get rid of the company's ceo, that interview coming up after the break. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at
that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to...
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Sep 28, 2012
09/12
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i see government workers not as bad people, but they're in the wagon. you got to have more people pulling the wagon. i think governor romney understands that. you got to grow the private sector. >> senator paul, thank you for being on today. appreciate it a lot. >>> okay. we got a lot more coming up. at 8:30 eastern we'll get personal spending data for august and talking about the effect of this summer's drought. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have already enr
i see government workers not as bad people, but they're in the wagon. you got to have more people pulling the wagon. i think governor romney understands that. you got to grow the private sector. >> senator paul, thank you for being on today. appreciate it a lot. >>> okay. we got a lot more coming up. at 8:30 eastern we'll get personal spending data for august and talking about the effect of this summer's drought. [ male announcer ] eligible for medicare? that's a good thing, but...